Official CryptoCurrency Thread (Bitcoin, Litecoin, Ethereum & More)

Vinny Lupton

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:what:.

I'm trying to see the safest and most efficient way of doing so if I am only on coinebase right now. I was verified on Gemini and Kraken though.
in Gemini
Transfer Funds > Deposit Into Exchange > BTC
"MOST RECENT DEPOSIT ADDRESS"
Copy that address

then go into Coinbase and send the BTC to that address
 

Donald J Trump

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So a ton of it really depends on what you are trying to do. Quick flips or hold to see if they explode later on? I look for projects that are aiming to address problems so out of your list I have Stratis (C# development) and Sia (Cloud). DGB on the other hand doesn't really have an aim to address problems. I held it for 2 days and then dumped it once the profits made sense after that citibank presentation.

What I do is look at their reddit, website and try to get a general feel as to what their vision is. Their opening statement is big and this is why I am not sold on digibyte:


That's simply just not good enough anymore. Could I be wrong and see it rise to $1 per coin? Maybe, but I doubt it tbh. I was involved with the DGC group before it was clear that it was just a clear pump and dump and got out before I lost money and their vision looked almost identical.

The alts that have my attention right now are these:
Ethereum (I think @Spree At Last mentioned it, this might be the new crypto god coin. So many projects are built upon ethereum it is crazy. Bancor ICO just help see the price rise dramatically)

Waves
Monero
Factom
Golem
Wings
Darcrus
Ubiq
Florincoin
Guppy

That altfolio has projects that aim to tackle several problems. Privacy (Monero), Databases (Darcrus), Business (Factom, Stratis etc), Sharing hardware resources (Golem), Dating Apps (Guppy) and one with Florincoin that is associated with the alexandria.io project and only trading at 9 cents per right now. It's also good to try and establish a ceiling for certain projects. For example I think Guppy has great potential, but how high can it really go? My guess is that it might cross the $1 per mark if it is ever able to help a dating app startup get off the ground. Darcrus has a ton of potential, but it is very quiet right now. There is always a risk to lose money, but the first 5 I think are very solid. The bottom 5 are a bit of flyers and recommend monitoring activity over a few weeks before deciding to jump in further.

Place a certain amount among coins you think will do well as you see fit. The idea is to limit the chance of a catastrophic loss crippling your earnings.
thats what approach i took with ethereum in december 2015

took forever to get the money in an account :mjcry: by the time it was in if lifted from $3 , never to return to that level again.

had it stayed there a lil longer i would have never sold
 

Vinny Lupton

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Bought some of this dip but I also converted alot to ETH because I think it will rise back faster. Once the dust settles I will readjust back to normal
 

Liquid

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:what:.

Don't Gucci the Bucci. I haven't moved anything to another exchange before, and wasn't sure if it's as simple as using the ETH address, and whether or not the currency is available immediately there.
You can definitely move from exchange to exchange.

Those who recently jumped in, be careful right now because we are finally witnessing the correction. BTC might drop below 2K today and a free fall after that. ETH already under $300 again.
 

BucciMane

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You can definitely move from exchange to exchange.

Those who recently jumped in, be careful right now because we are finally witnessing the correction. BTC might drop below 2K today and a free fall after that. ETH already under $300 again.

Thanks.

1. Is it just as simple as using the address that it generates?

2. Do the coins arrive right away?

3. If I sell on a site such as Kraken or Gemini, do the funds arrive in your account on that site quickly, or does it take a while?


Thanks. Still trying to read as much as I can and follow different threads on multiple sites about this. Since it took a while for me to get verified on Kraken and Gemini, I'm just not familiar with them and don't want to make a costly mistake.
 

Liquid

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Thanks.

1. Is it just as simple as using the address that it generates?

2. Do the coins arrive right away?

3. If I sell on a site such as Kraken or Gemini, do the funds arrive in your account on that site quickly, or does it take a while?


Thanks. Still trying to read as much as I can and follow different threads on multiple sites about this. Since it took a while for me to get verified on Kraken and Gemini, I'm just not familiar with them and don't want to make a costly mistake.
Yeah you use the address it generates. As far as how long it takes it really depends on the volume, but both BTC and ETH should at the very least show up pending within the hour. Selling the cryptos for USD? Not sure since I have only sold back bitcoin for cash on coinbase before.
 

SubConscious

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:what:.

Don't Gucci the Bucci. I haven't moved anything to another exchange before, and wasn't sure if it's as simple as using the ETH address, and whether or not the currency is available immediately there.
I only made that smiley for ur last sentence talking about people losing money during transfers
 
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